Podcasts about edelweiss financial services

Indian Equities declined in-line with Asian peers on Friday as rapidly spreading Delta variant of Covid-19 in the region fanned fears of a stalled growth. That apart, Washington's call to add at least 10 Chinese entities to its economic blacklist over alleged human rights abuses and high-tech surveillance in Xinjiang pulled benchmarks in Japan, South Korea, and China down by up to 1 per cent. However, stocks in Europe, along with US stock Futures, rebounded after JPMorgan Asset Management, BlackRock Inc. and Morgan Stanley Wealth Management -- which together account for some $12 trillion in assets -- said global growth is still on track. Amid these mixed global cues, benchmark indices remained volatile during the day but ended lower amid profit-booking in blue chip stocks. Heavyweights TCS, HDFC Bank, Reliance Industries, Axis Bank, Kotak Bank, and HDFC, along with Wipro, Bajaj Auto, and M&M, dragged the S&P BSE Sensex down 183 points, or 0.35 per cent, to settle at 52,386 levels while NSE's 50-share benchmark declined 38 points, or 0.24 per cent, to close at 15,690 levels. The broader markets, on the flipside, settled about half a per cent higher with the BSE MidCap and BSE SmallCap indices rising 0.7 per cent and 0.4 per cent, respectively. Among individual stocks, shares of Tata Consultancy Services slipped nearly 2 per cent at Rs 3,201 on the BSE in intra-day trade on Friday, after a slowdown in the company's India business dragged its June quarter (Q1FY22) earnings. While the brokerages on a consensus did revise their earnings estimates downwards on revenue miss in the June quarter, and flagged rich valuations, they largely held 'Buy' or 'Hold' calls on the stock. Technically, the overall price structure reflects an "ascending triangle pattern" for IT major TCS. As per daily charts, the stock faces stiff resistance in the range of Rs 3,400 – Rs 3,300 per share. That said, a breakout above this level may result in a rally towards Rs 3,700 and then Rs 3,900 levels. That apart, Bajaj Finserv entered the elite club of companies having a market capitalisation (market-cap) of Rs 2 trillion after its stock price hit a new high of Rs 12,910, up 4.6 per cent in Friday's otherwise range-bound market. The stock of the Bajaj Group's holding company surpassed its previous high of Rs 12,529.15, touched on June 28, 2021. At close, Bajaj Finserv's market-capitalisation stood at Rs 2.03 trillion. Currently, Bajaj Finserv holds the 20th position in terms of overall market-cap ranking. Bajaj Finance, another group company, stood at number 9th with a market-cap of Rs 3.7 trillion, data shows. Shares of Tata Steel, meanwhile, ended as the top Nifty gainer, up over 4 per cent at Rs 1,240, after rating agency CARE Rating revised the company's long-term credit rating to "stable outlook" from "negative". The stock of the Tata Group Company was trading close to its record high level of Rs 1,247, touched on May 12, 2021. According to the rating agency, the revision in rating and outlook assigned to the instruments of Tata Steel Limited (TSL) factors in the improvement in performance witnessed during FY21, especially Q2FY21 onwards. Lastly, shares of Edelweiss Financial Services were locked in the upper circuit of 10 per cent at Rs 86.50 on the BSE after the latest shareholding pattern showed that ace investor Rakesh Radheshyam Jhunjhunwala increased his holding in the company by purchasing additional 4 million equity shares during the April-June quarter (Q2CY21). Primary market update: Volatility in the secondary markets diverted investors towards primary offers with the three-day issues of Clean Science and Technology and GR Infraprojects garnering massive subscription. Clean Sciences' issue, for instance, has been subscribed over 93 times with non-institutional investors' portion seeing a subscription of 206 times and QIB portion 156 times. GR Infra, on the other

Wall Street stocks ended higher in overnight trade, with the S&P 500 closing above its prior record high set on May 7, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary. The consumer price index (CPI) data came in above consensus but a closer look showed that much of the price surge was from items such as commodities and airfares, and is therefore likely to be temporary. The Dow Jones Industrial Average rose 0.06%, the S&P 500 gained 0.47% and the Nasdaq Composite added 0.78%. Tracking a firm finish for US stocks, Asian markets too opened higher. Japan's Nikkei was up 0.16%, Australia's S&P/ASX 200 index rose 0.2%, South Korea's Kospi index added 0.5% and Hong Kong's Hang Seng index climbed 0.6%. Boosted by a firm global setup, Indian markets eye a strong start to the day today. Furthermore, a fall in the number of Covid cases in the country is also keeping the sentiment on D-Street upbeat.  At 7.40 am, SGX Nifty was trading 36 points higher at 15,810. On the Covid front, fresh daily cases remained below the 1 lakh mark for the fourth day straight as India reported 91,000 cases in the last 24 hours. The steady decline in cases is igniting hopes of the further reopening of the economy, providing support to market mood.  Meanwhile, on the macro front, manufacturing and Industrial production data for the month of April are set to be released today post market hours. Now, a look at the stock-specific triggers that are likely to guide the market today A total of 57 companies are slated to post their quarterly numbers today, including BEML, BHEL, Cochin Shipyard, DLF and Edelweiss Financial Services. NHPC reported a nearly 80 per cent YoY jump in its consolidated net profit to Rs 464.60 crore for the March 2021 quarter. Its board approved the proposal to raise debt up to Rs 4,300 crore during the financial year 2021-22. SAIL reported a 26.4 per cent YoY growth in net profit at Rs 3,444 crore for the March quarter of FY21 (Q4FY21). Earnings before interest, tax, depreciation, and amortisation (Ebitda) came in at Rs 6,473 crore. Yes Bank on Thursday received board approval for raising up to Rs 10,000 crore by issuing debt securities. National Fertilizers on Thursday reported narrowing of consolidated loss at Rs 9.53 crore for March quarter 2020-21. The company had reported a loss of Rs 248.65 crore in the year-ago period, NFL said in a BSE filing.

In this episode, Prateek (Founder of LearnApp) caught up with Radhika Gupta, the CEO of Edelweiss Mutual Fund. Radhika started her career with McKinsey and later joined AQR - the pioneering quantitative asset manager. She then started her own hedge fund which was acquired by Edelweiss Financial Services in 2014. She also led the acquisitions of JP Morgan Mutual Fund and Ambit's AIF business and became the CEO of Edelweiss MF. In this wide-ranging conversation Radhika talks about: Her experience at AQR Common behavioural mistakes that investors commit What is asset allocation why is it important Static vs dynamic asset allocation Decodes balanced advantage funds, how they work, the various models etc What are equity savings funds and how do they work What makes Bharat Bond ETF special and the advantages How she invests personally and a whole lot more... Please enjoy this conversation with Radhika. Do let us know your feedback by tweeting to us @zerodhaonline.

With crude oil prices reaching sea-bottom levels, the world's economies find themselves in a situation that has little precedent. How will falling crude prices during the covid lockdown affect India's citizens? Catch Deven Choksey (MD, KR Choksey Investment Managers), Mihir Swarup Sharma (Sr. Fellow, Observer Research Foundation) and Jal Irani (Sr. VP, Edelweiss Financial Services) join Sriram Iyer, Business Insider India's Chief Editor in this episode of #TheBigReset to discuss the impact of the falling crude prices.

Extending their losing streak to the third session in a row, the domestic stock market ended lower on Monday with the frontline indices tumbling nearly a per cent amid selling in bluechip counters such as HDFC duos, Bajaj Finance, Hindustan Unilever (HUL) and ITC. The S&P BSE Sensex lost 306 points or 0.80 per cent to settle at 38,031 with HDFC (down 5 per cent) being the biggest loser and YES Bank (up nearly 9.50 per cent) the top gainer. The broader Nifty50 index of the National Stock Exchange (NSE) slipped 82 points or 0.72 per cent to settle at 11,337 levels.  In the broader market, the S&P BSE MidCap index slipped 84 points, or 0.60 per cent, to 13,994.18, while the S&P BSE SmallCap index ended at 13,157 levels, down 154 points or 1.15 per cent. The S&P BSE Smallcap index hit its lowest level since February 2017 during the trade. READ MORE Analysts attributed an investor-unfriendly Budget, coupled with muted June quarter earnings among the major factors behind nervousness in the market. Moreover, weak global cues also added to the investors' woes.  Volatility index India VIX surged 4.49 per cent to 13.07, signalling increased volatility in the market.  Sectorally, financial services stocks tumbled the most, followed by banks, FMCG and realty stocks. The Nifty Financial Services index shed 341 points or 2.57 per cent to settle at 12,893.75 levels. HDFC, Bajaj Finserv and Edelweiss Financial Services plunged up to 6 per cent. BUZZING STOCKS Shares of Cox & Kings were frozen at 5 per cent lower circuit for the 19th straight day on the BSE to hit a new low of Rs 16.30 on Monday after Brickwork Ratings downgraded the rating to BWR D for non convertible debentures (NCDs) issue amounting to Rs 50 crore of the company.  Shares of RBL Bank continued to reel under pressure, down 5 per cent, to Rs 470 in intra-day trade on Monday. The stock has fallen 19 per cent in the past two trading days after the bank, on Friday, said it expects some challenges on some of their exposures in the near term. Shares of the bank ended at Rs 478.05 apiece, down 4.46 per cent on BSE.  YES Bank, on the other hand, gained 9.50 per cent to settle at Rs 91.15 apiece on the BSE

MF101 is an oven-fresh mutual fund podcast by Aditya Birla Sun Life Mutual Fund in association with Bloomberg|Quint. This is the ninth episode of MF101 with our very own chef Mr. Bhupesh Bameta, Economist, Aditya Birla Sun Life Mutual Fund. Mr. Bameta has a demonstrated history of working in the financial services industry for over nine years. He has worked with Quant Capital and Edelweiss Financial Services before joining Aditya Birla Sun Life Mutual Fund. He holds a B.Tech. degree from IIT Kanpur and is also a Chartered Financial Analyst (CFA). The conversation revolves around key recipes behind the importance of geo-politics in debt funds and investments. You can listen to this show and other awesome shows on the new and improved IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/ios

Anupam is joined by Rahul Jain, Head of Personal Wealth Advisory at Edelweiss Financial Services to talk about wealth management, the role of technology in wealth management, and the different kinds of services offered by Edelweiss. This episode is brought to you by PayTM Money. Talk to host Anupam Gupta on Twitter @b50 You can listen to this show and other awesome shows on the IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/ios You can check out our website at http://www.ivmpodcasts.com/

Funding or investment is one of the most crucial stages in any business. The scale-up and future of a startup depend a lot on the kind of and type of money is infused in order to grow business. Let's learn from an expert who has lead companies like Edelweiss Financial Services and now an entrepreneur himself.